Connected Management Blog

5 Things to Do Before Buying Rental Property When it comes to investing, it can be an exciting but stressful adventure. Perhaps you’re not sure what you want to invest in. On the other hand, you may have already decided that you want to invest in property. Maybe you’re even looking to invest in available rental property in Chicago. If that is the case, then these five tips will help you know what to do when it comes to investing. You don’t want to jump in without an idea of what it entails, what the benefits of a property management company...

Property Management During the Holidays Being a Chicago property manager can be overwhelming any time of year. Add in the huge Christmas holidays, and you’re downright frazzled! To make sure that you and your property survive the winter holiday season, here are a few tips to remember when it comes to Chicago property management. Be Accessible However busy you may be, you always need to have some way for your tenants to contact you. Whether it’s an emergency plumbing problem or something else, tenants need to be assured they can reach their property manager when needed. If you’re working with a...

Tips to Improve Your Condo Rentals in Chicago When it comes to property management in Chicago, it’s important that you make sure your condominium is appealing to future tenants. There are a few ways you can improve the property without breaking the budget. Here’s a guide to help you get the most out of your condominium property management. New Color Take a look at the building and the units that you own. Do you have any color on the walls or accenting the area? A fresh coat of paint can work wonders to liven up a room. You can always go...

Benefits of Property Management You May Want to Consider When it comes to managing your properties in Chicago, you want to make sure you protect your investment as well as your tenants. Choosing a property management company can be overwhelming and you may think you can just do it all by yourself. While one property can be managed alone, when it comes to boosting your portfolio and running multiple properties, property managers in Chicago can come in handy. Here are a few benefits of hiring a Chicago property management company you may want to consider. Fewer Legal Issues Just one tenant...

Rent Collections: How a Property Manager Can Help As a rental property owner, you rely on the monthly rent paid by your tenants. The rent payments collected will be used in a variety of ways, such as paying for the property mortgage, upkeep, insurance, etc. When you own multiple properties, you must take great care to ensure rental payments are made on time. When they are not, you will have to charge a late fee and continue with the collections process as needed. Often times when working by yourself, the process of collecting rent can become difficult. With the help of...